I have an economics teacher that made this claim in class yesterday. I wanted to know other people’s thoughts about it.

  • @theonlytruescotsman@sh.itjust.works
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    016 days ago

    Except it’s new money that’s made up, and in the case of student loans, most of that money isn’t traded for goods and services, instead more than 3/4s of the money created goes back to the lender.